TT you're right. for now, I also feel the price is too high. I rather buy banks with better yield. for the new products, please don't underestimate the power. 1 deal of oil is enough to change the game, as China trades insane amount of oil in this region.
Shenzhen and bursa link up may help also https://exbulletin.com/business/1531190/ CHINA is undeniably a leading financial market for Malaysian investors, given the growth of its financial sector and the rapid expansion of business and financial investment globally.
This is particularly evident since China’s financial liberalization, where various policies to reform the country’s financial markets have been implemented – including on its stock exchanges.
At the same time, Chinese investors are also looking for investment opportunities beyond their national borders, especially in Asean countries.
Located in the heart of Asean, Malaysia is an important gateway to one of the fastest growing regions in the world.....
Treetop well said. it's worth to understand every possible situation. the short covering theory could be valid, thanks for sharing it. The brokers use the story about election boost, to justify for the increase in price. but from the past, election only can push up transaction for 1 month. It's insufficient to bring much value
I have another question. If Funds want to buy & keep Bursa, they will slowly buy & not let the shares shoot up so much in short span of time? How do they prevent insider from leaking the info?
Lawman thank you for sharing your experience. the founder's age is also my main concern about buying into LPI & Public bank. they may be taken over by other shareholders which can't manage well. Fire insurance can be extremely price sensitive, as we move into digital age. they could be bundled into Grab's / Lazada's online packages. LPI benefit currently from gov's ignorance, but don't think the situation will remain for long. Everyone eyeing the fat pie
I dislike also about LPI's focus on fire. If they have more diversified like life insurance, hospitalization, etc. At least they can buffer for shocks
Lawman thank you for the good article on fire insurance. the problem here is that LPI's fire insurance price is much higher than Great eastern. Public bank bundle LPI fire insurance into their mortgage and force borrowers to buy it at about 50% more expensive than market rate. If bank negara allow borrowers to freely choose their fire insurer, then LPI could suffer?
Most of LPI profit comes from Fire insurance. Do you think this model is sustainable? because their fire insurance is bundled with public bank mortgage, and sell at high mark up. If government start to regulate them, will LPI profit fall drastically?
LNG trans-shipment: This is a highly likely option. While PLNG-2 is only providing regasification services for now, Petronas Gas stated that the joint venture could also offer such services to ‘other potential third party customers’.
you're right. the bunkering is not transshipment. So Petgas only pump fuel for the ships the market will grow in 10X by 2027. The Sino US clash will result in more China ships choosing to bunker with Petgas, as China try to build up it's own non-US supply chain.
If Petgas really dominate the LNG bunkering market in Straits of melaka, then it's a huge deal. 30% of ships in the world pass through the strait.
https://www.alliedmarketresearch.com/lng-bunkering-market Global LNG bunkering market size was valued at $0.38 billion in 2019, and is projected to reach $5.14 billion by 2027, growing at a CAGR of 45.2% from 2020 to 2027. LNG bunkering is the process of transferring LNG to a ship for its own consumption. The advantages of using LNG as a marine fuel in the shipping industry include less shipping emissions, lower operating & shipment costs, safety, non-toxic, and others. Stringent environmental regulation toward pollution caused by ship transportation is expected to be the primary growth factor in the LNG bunkering market